Study of TikTok, X ‘For You’ feeds in Germany finds Far Right political bias ahead of federal elections
Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial Far Right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertook an analysis of social media content
Read moreAfter raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO
Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its
Read moreUber ditches commissions in favor of daily fees for rickshaw drivers in India
Uber has introduced daily fees for auto rickshaw drivers in India to move away from its typical commission-based model. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreMark Zuckerberg’s charity U-turns, ends DEI efforts
Mark Zuckerberg’s charity has eliminated its DEI programs and efforts just weeks after assuring staff it would continue supporting DEI efforts, The Guardian reports. The Chan Zuckerberg Initiative (CZI), co-founded by Zuckerberg and his wife Priscilla Chan, will end internal DEI programs and no longer provide “social advocacy funding,” which
Read moreBrand-new women’s focused Swizzle Ventures skyrockets past its fundraising target
Swizzle Ventures has closed its Fund I at $6.6 million, bypassing its initial $3 million target, Jessica Kamada, the firm’s founder, told TechCrunch. Back in December, TechCrunch reported that the firm, which quietly launched in 2023, was raising and has already bypassed $5 million, per its SEC filing. The thesis
Read moreSpanish spyware startup Mollitiam Industries shuts down
The little-known surveillance vendor filed for bankruptcy in January, after years of peddling spyware to countries like Colombia. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreIVF insurance startup Future Family promises a baby or your money back
For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success. It’s not only an emotionally draining process, but a financially exhausting one as well. San Francisco-based startup Future Family wants to help ease some of
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